Seller's Agent in 2019
Jon Flagg
Pacific Sotheby's Int'l Realty
(949) 554-1200
3 in this area
139 Total Sales
1601 Cornwall Ln Newport Beach, CA 92660
Mariners NeighborhoodEstimated Value: $4,018,000 - $5,508,000
4
Beds
3.5
Baths
3,539
Sq Ft
$1,332/Sq Ft
Est. Value
Highlights
- Heated Spa
- Primary Bedroom Suite
- Wood Flooring
- Mariners Elementary School Rated A
- Fireplace in Primary Bedroom
- Main Floor Bedroom
About This Home
As of November 2019Exceptional single-level living, ocean breezes, quality construction, an idyllic location plus easy walk to the award-winning Mariners Elementary School, this meticulous, beautifully renovated 4 bedroom home comprises a unique blend of sophistication and grace. Sited on an exceptionally large, 9680sf lot, the residence is graced with wood floors, high ceilings, moldings, designer appointments throughout and inviting outdoor spaces. A generously proportioned living room, a feng shui vibe and gourmet kitchen set the stage for stylish living. Designed for everyday chefs and gourmet cooks alike, the kitchen/”great room” is equipped with marble countertops, custom cabinetry, premium appliances and is adjacent to a dining room featuring two elegantly constructed wine-cooling closets. Multiple sets of French doors integrate the interior/exterior spaces and the private courtyard invites al fresco dining or relaxing in the jacuzzi spa while enjoy the fire and outdoor movie, while kids can play in the backyard. The master retreat is a great place to unwind at the end of the day and is equipped with a large walk-in closet and resort-type bath complete with marble counters, dual vanities soaking tub and separate shower. Secondary bedrooms are professionally decorated in serene hues. Additional appointments include 3-zone AC, oversized 3-car garage, interior laundry, Butler’s pantry and built-in audio system.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01316048 Listed on: 09/04/2019
Last Buyer's Agent
Chris Valli
Surterre Properties Inc. License #00604151
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,342
Year Built
- Built in 2006
Lot Details
- 9,680 Sq Ft Lot
- Landscaped
- Corner Lot
- Sprinkler System
- Lawn
- Garden
- Back and Front Yard
Parking
- 3.5 Car Direct Access Garage
- Parking Available
Interior Spaces
- 3,539 Sq Ft Home
- 1-Story Property
- Built-In Features
- Recessed Lighting
- Gas Fireplace
- Family Room Off Kitchen
- Dining Room
- Storage
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Built-In Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Fireplace in Primary Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Soaking Tub
- Separate Shower
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Heated Spa
- Fireplace in Patio
- Stone Porch or Patio
- Outdoor Fireplace
- Fire Pit
- Exterior Lighting
- Rain Gutters
Utilities
- Zoned Heating and Cooling
- Natural Gas Connected
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 1896
- Assessor Parcel Number 42504101
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2019
Closed on
Oct 9, 2019
Sold by
Francis Kaley William and Sefayan Tina Sefayan
Bought by
Jeffery Hamilton and Hamilton Era Elizabeth
Seller's Agent
Jon Flagg
Pacific Sotheby's Int'l Realty
Buyer's Agent
Chris Valli
Surterre Properties Inc.
List Price
$2,395,000
Sold Price
$2,300,000
Premium/Discount to List
-$95,000
-3.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,412,637
Avg. Annual Appreciation
12.31%
Original Mortgage
$2,300,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 14, 2016
Sold by
Kaley William F and Kaley Tina S
Bought by
Kaley William Francis and Kaley Tina Sefayan
Purchase Details
Closed on
Jul 25, 2013
Sold by
Kennison Larry W
Bought by
Kaley William F and Kaley Tina S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,265,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 11, 2005
Sold by
Frase Larry E
Bought by
Frase Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 8, 2005
Sold by
Frase Maria
Bought by
Kennison Larry W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 20, 2003
Sold by
Mazzara Frances and Spellman Dorothy
Bought by
Frase Maria
Purchase Details
Closed on
Apr 11, 1997
Sold by
Savino Nitti and Savino Nancy Nitti
Bought by
Nitti Savino and Frase Maria
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffery Hamilton | $2,300,000 | Wfg National Title | |
| Kaley William Francis | -- | None Available | |
| Kaley William F | -- | Ticor Title Company Of Ca | |
| Frase Maria | -- | Alliance Title San Diego | |
| Kennison Larry W | $1,200,000 | Alliance Title San Diego | |
| Frase Maria | -- | -- | |
| Nitti Savino | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jbja Trust | $250,000 | |
| Open | Jbja Trust | $2,300,000 | |
| Closed | Jeffery Hamilton | $2,300,000 | |
| Previous Owner | Kaley William Francis | $300,000 | |
| Previous Owner | Kaley William F | $1,250,000 | |
| Previous Owner | Kaley William F | $1,250,000 | |
| Previous Owner | Kaley William F | $1,265,000 | |
| Previous Owner | Kennison Larry W | $1,250,000 | |
| Previous Owner | Kennison Larry W | $255,000 | |
| Previous Owner | Kennison Larry W | $840,000 | |
| Closed | Kennison Larry W | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2019 11/05/19 | Sold | $2,300,000 | -4.0% | $650 / Sq Ft |
| 09/04/2019 09/04/19 | For Sale | $2,395,000 | -- | $677 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $26,342 | $2,515,385 | $1,847,174 | $668,211 |
| 2024 | $26,342 | $2,466,064 | $1,810,955 | $655,109 |
| 2023 | $25,725 | $2,417,710 | $1,775,446 | $642,264 |
| 2022 | $25,299 | $2,370,304 | $1,740,633 | $629,671 |
| 2021 | $24,814 | $2,323,828 | $1,706,503 | $617,325 |
| 2020 | $24,576 | $2,300,000 | $1,689,004 | $610,996 |
| 2019 | $19,060 | $1,785,738 | $1,212,106 | $573,632 |
| 2018 | $18,680 | $1,750,724 | $1,188,339 | $562,385 |
| 2017 | $18,348 | $1,716,397 | $1,165,039 | $551,358 |
| 2016 | $17,935 | $1,682,743 | $1,142,195 | $540,548 |
| 2015 | $17,765 | $1,657,467 | $1,125,038 | $532,429 |
| 2014 | $19,185 | $1,800,000 | $1,277,406 | $522,594 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Flagg
-
C
Buyer's Agent in 2019
Chris Valli
Surterre Properties Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP19211342
APN: 425-041-01
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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